Abbreviated Company Accounts - THE INHERITANCE PLANNING COMPANY LIMITED

THE INHERITANCE PLANNING COMPANY LIMITED - Company Information

02477524 THE INHERITANCE PLANNING COMPANY LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 02477524 2015-04-01 2016-03-31 02477524 2016-03-31 02477524 2015-03-31 02477524 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 02477524 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 02477524

THE INHERITANCE PLANNING COMPANY LIMITED

Abbreviated Accounts

31 March 2016

THE INHERITANCE PLANNING COMPANY LIMITED Registered Number 02477524

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	994	614
		994	614
Current assets
Debtors		5,125	5,248
Cash at bank and in hand		1,007,051	670,596
		1,012,176	675,844
Creditors: amounts falling due within one year		(1,012,489)	(676,418)
Net current assets (liabilities)		(313)	(574)
Total assets less current liabilities		681	40
Total net assets (liabilities)		681	40
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		581	(60)
Shareholders' funds		681	40

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 December 2016

And signed on their behalf by:
A R Adams, Director

THE INHERITANCE PLANNING COMPANY LIMITED Registered Number 02477524

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings & equipment - 20% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2015	8,402
Additions	628
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	9,030
Depreciation
At 1 April 2015	7,788
Charge for the year	248
On disposals	-
At 31 March 2016	8,036
Net book values
At 31 March 2016	994
At 31 March 2015	614

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100